KEN vs. SAF.PA
KEN (Kenon Holdings Ltd.) and SAF.PA (Safran SA) are both stocks. KEN operates in Utilities - Regulated Electric (Utilities), while SAF.PA operates in Aerospace & Defense (Industrials). Over the past 10 years, KEN returned 41.88%/yr vs 19.90%/yr for SAF.PA. At a 0.18 correlation, their price movements are largely independent.
Performance
KEN vs. SAF.PA - Performance Comparison
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Different Trading Currencies
KEN is traded in USD, while SAF.PA is traded in EUR. To make them comparable, the SAF.PA values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, KEN achieves a 14.26% return, which is significantly higher than SAF.PA's 2.50% return. Over the past 10 years, KEN has outperformed SAF.PA with an annualized return of 41.88%, while SAF.PA has yielded a comparatively lower 19.90% annualized return.
KEN
- 1D
- 0.54%
- 1M
- -20.01%
- YTD
- 14.26%
- 6M
- 23.62%
- 1Y
- 115.93%
- 3Y*
- 57.99%
- 5Y*
- 31.84%
- 10Y*
- 41.88%
SAF.PA
- 1D
- 3.55%
- 1M
- 8.58%
- YTD
- 2.50%
- 6M
- 4.69%
- 1Y
- 19.79%
- 3Y*
- 34.50%
- 5Y*
- 19.92%
- 10Y*
- 19.90%
KEN vs. SAF.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KEN Kenon Holdings Ltd. | 14.26% | 126.18% | 62.44% | -19.16% | -23.73% | 93.65% | 57.17% | 50.73% | 23.06% | 85.88% |
SAF.PA Safran SA | 2.50% | 60.85% | 26.05% | 42.07% | 2.59% | -13.17% | -8.31% | 30.00% | 18.84% | 44.82% |
Correlation
The correlation between KEN and SAF.PA is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2015 | 0.18 |
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Return for Risk
KEN vs. SAF.PA — Risk / Return Rank
KEN
SAF.PA
KEN vs. SAF.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kenon Holdings Ltd. (KEN) and Safran SA (SAF.PA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KEN | SAF.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.36 | ||
| Sortino ratioReturn per unit of downside risk | +2.22 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.13 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 4.42 | 0.81 | +3.61 |
| Martin ratioReturn relative to average drawdown | 17.27 | 2.11 | +15.16 |
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Drawdowns
KEN vs. SAF.PA - Drawdown Comparison
The maximum KEN drawdown since its inception was -69.20%, which is greater than SAF.PA's maximum drawdown of -65.85%. Use the drawdown chart below to compare losses from any high point for KEN and SAF.PA.
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Drawdown Indicators
| KEN | SAF.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.20% | -65.85% | -3.35% |
Max Drawdown (1Y)Largest decline over 1 year | -26.41% | -24.21% | -2.20% |
Max Drawdown (3Y)Largest decline over 3 years | -32.27% | -24.21% | -8.06% |
Max Drawdown (5Y)Largest decline over 5 years | -69.20% | -41.46% | -27.74% |
Max Drawdown (10Y)Largest decline over 10 years | -69.20% | -65.00% | -4.20% |
Current DrawdownCurrent decline from peak | -24.16% | -12.49% | -11.67% |
Average DrawdownAverage peak-to-trough decline | -23.19% | -13.89% | -9.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.74% | 9.31% | -2.57% |
Volatility
KEN vs. SAF.PA - Volatility Comparison
Kenon Holdings Ltd. (KEN) has a higher volatility of 14.84% compared to Safran SA (SAF.PA) at 10.99%. This indicates that KEN's price experiences larger fluctuations and is considered to be riskier than SAF.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KEN | SAF.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.84% | 10.99% | +3.85% |
Volatility (6M)Calculated over the trailing 6-month period | 30.71% | 28.98% | +1.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.55% | 32.67% | +6.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.79% | 30.41% | +9.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.93% | 34.60% | +7.33% |
Dividends
KEN vs. SAF.PA - Dividend Comparison
KEN's dividend yield for the trailing twelve months is around 5.31%, more than SAF.PA's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KEN Kenon Holdings Ltd. | 5.31% | 7.24% | 11.18% | 11.46% | 25.00% | 7.35% | 7.41% | 5.75% | 96.34% | 0.00% | 0.00% | 45.52% |
SAF.PA Safran SA | 1.09% | 0.98% | 1.04% | 0.85% | 0.43% | 0.40% | 0.00% | 1.32% | 1.52% | 0.97% | 2.15% | 1.96% |
Financials
KEN vs. SAF.PA - Financials Comparison
This section allows you to compare key financial metrics between Kenon Holdings Ltd. and Safran SA. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
KEN and SAF.PA have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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